List Price $480,000 Fee Simple ❤
tapoffer.net
his is a lovely fully furnished large studio close to Waikiki Beach and has been used only barely as a second/vacation home. It has not been rented for years. Formerly known as the Trump Tower Waikiki, the property has been newly rebranded as "Ka Lai Waikiki Beach," and is part of the LXR Hotels & Resorts, a Hilton Luxury brand, who is upgrading this Five Star property to the next level. The exceptionally low property tax rate is due to the current 'Dedication for Residential Use,' which allows for rental terms of 30+ days. If you rent as a short-term rental (less than 30-day rental terms) then the property tax rate will revert to the higher Hotel/Resort property tax rate. If the Buyer intends to rejoin the hotel rental program, then this unit's complete renovation package is estimated to cost $120-140K. The $1,020.07/mo 'other fees' is the special assessment that ends in December 2025 and pays for the common-area renovation upgrades. ~ Make this your perfect second home, principal residence in paradise, or vacation getaway.
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MLS
Public
Condo/TownhouseCondoProperty Type
Sub Type
223 Saratoga Rd223 Saratoga Rd
Trump Tower Waikiki 812Trump International Hotel & Tower 812
Honolulu HI 96815Honolulu Hawaii 96815
Metro WaikikiWaikiki
naJefferson Elem
naWashington Int
naKaimuki High
Kaimuki-McKinley-RooseveltComplex
Public SchoolsRank
IrongateIrongate Azrep Bw Llc
Irongate Azrep Bw Llc
Builder
MLS 202400739TMK 1-2-6-3-61-11Property ID
00 Bedrooms
11 Full Baths
00Half Baths
11Total baths
0Rooms
0na Parking
557557 Interior sf
0 Lanai sf
557Total sf
$480,000 2/11/2024Original list
Active 82 DOMStatus
$480,000 List price
Fee SimpleFee SimpleTenure
NoFractional
20092009
2009
Year built
naConversion
0 naRemodeled
2 %Biennial Reg, § 6.Owner Occupancy
$ 0
$ 1,020
$ 1,012
$ 2,032
Includes:
Cable TV
Hot Water
Internet Service
Sewer
Water
AOAO fee
AOAO other
Maint fee
AOAO total fees
88Floor
City View
Regular SystemRecorded
Resort Hotel PrecinctRESMIXZoning
Zone - AEFlood Map
Tsunami Map
Flood
naRestrictions
ExcellentCondition
Central AC
Full Bath on 1st Floor
Single Level
Features
Marble/Granite
W/W Carpet
Flooring
AC Central
Cable TV
Drapes
Range Hood
Refrigerator
Inclusions
naExclusions
Card
Keyed Elevator
Video
Guard
Video
Security
Concierge
Doorman
Exercise Room
Meeting Room
Patio/Deck
Pool
Recreation Area
Restaurant
Sauna
Security Guard
Valet
Amenities
naFrontage
Condotel
High-Rise 7+ Stories
Condo
38 Stories
469 Units
Architecture
naModel
Trump International Hotel and Tower Waikik...Skyscraper
Concrete
Double Wall
Masonry/Stucco
Slab
Materials
21+StoriesType
Disclosure StmtDisclosures
0Parking stall ID
Building Matrix
Floor Plans
06122Public Report
NoneParking
0Guest parking
4Passenger 8
Freight 0
Elevators
naAOAO Name
naAOAO Ph
Hawaiiana MgmtHawaiiana Mgmt Co LtdManagement Co Name
8085939100Management Co Ph
naBuyer Financing
na1st Mortgagor
01st Mortgage
na2nd Mortgagor
02nd Mortgage
No/naForeclosure/Case#
20242020Property tax year
$ 319,400$ 351,200Land assessed
$ 201,000$ 256,700Building assessed
$ 0$ 0Home owner exemption
$ 520,400$ 607,900Total assessed RPAD
$ 170$ 714Tax per month rates
0Total rent
Building Permits
45 Days or Less
At Closing
Possession
NoneSpecial
Cash
Conventional
Financing
Affordability
Apply Online
PDF application
FullFurnished
NoNew development
Estimated summary Buyer closing statement
calculated at list price
x PriceTotalBuyer Share
0.365%1,75240.0%701+ ALTA Insurance
0.303%1,45450.0%727+ Escrow Fee
350+ Condo Transfer
0%3206 1,778= Sub-total
(3,022)= Sub-Total
480,000 480,000+ Price
476,978= Est Cost to Buy*
* Excluding loan fees, pro-rations, special and sundry fees. Escrow companies and lenders also calculate estimated closing costs for you.
MonthlyCost to own estimate:
$ 170Real Property Tax
$ 2,032Association Fee
$ 0Lease Rent
$ 2202Cost to own
(ex Mortgage, Ins & Elec)
2/12/2024Active
naPrice change
naContinue to show
naPending
naTemp withdrawn
naBack on market
naWithdrawn
naOff market
2/12/2024Status change
naAdvertise
naAuction
Hawaii Living LLCListing Firm
George@HawaiiLiving.com Listing Participant
2/12/2024Photos uploaded
naSupplement Mod
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Price reductions
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tapoffer.net © is provided by
Hawaii Home + Commercial LLC
1888 Kalakaua Ave C312, Waikiki, Honolulu, HI 96815
DCCA PV License # RB-20174
Affiliated Companies: Global Electronic Commerce LLC · Glass Commercial Properties Inc
 

Click for the BBB Business Review of this Real Estate in Honolulu HI
 

Robin Charles Glass (R), MBA, eng.
Principal Broker, Managing Member
DCCA PV License # RB-20173
Track Record: Top 2% Sales
Ph: (808) 358-1774
Email: glassr@hawaiihome.cc

Mami I. GLASS (MA)
Administrator, Managing Member
Ph: (808) 372-9136
Email: mamiglass@gmail.com

 
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